American Eagle Outfitters Inc (AEO)
Total asset turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,328,650 | 5,261,770 | 5,261,770 | 4,989,830 | 4,989,830 |
| Total assets | US$ in thousands | 3,830,780 | 3,557,910 | 3,557,910 | 3,420,960 | 3,420,960 |
| Total asset turnover | 1.39 | 1.48 | 1.48 | 1.46 | 1.46 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $5,328,650K ÷ $3,830,780K
= 1.39
The total asset turnover ratio of American Eagle Outfitters Inc has been relatively stable over the past few years, ranging from 1.39 to 1.48. This indicates that the company generates $1.39 to $1.48 in revenue for every dollar of assets it owns. Generally, a higher total asset turnover ratio is preferred as it suggests that the company is efficiently utilizing its assets to generate revenue. However, a slight fluctuation in this ratio is not unusual for retail companies like American Eagle due to seasonality and market dynamics. It would be beneficial to further analyze the company's operations and industry trends to understand the factors influencing this metric.
Peer comparison
Jan 31, 2025